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Martin Guerre

April 1, 2016 | Author: | Posted in accounting, mathematics and economics

[Students name appear here] [Professor ‘s name appear here] Title appears here Date appears here Martin Guerre The book Martin Guerre ‘ written by Natalie Zemon Davis ‘ is about a French peasant of the 16th century , who was at the core of an eminent case of masquerade . Natalie Zemon Davis is a …

Medical Expenses Deduction

April 1, 2016 | Author: | Posted in accounting, mathematics and economics

MEDICAL EXPENSES – DEDUCTIBILITY IN PERSONAL INCOME TAXATION INTRODUCTION Federal Income tax code specifies the generally deductible expenses in the personal taxation of an individual which include medical expenses certain taxes , mortgage interest , investment interest and charitable contributions . These deductions mentioned in the chapter are known as itemized deductions . It has …

five fundamental principles

April 1, 2016 | Author: | Posted in accounting, mathematics and economics

Accounting information systems Accounting information systems collect and process data from transactions and events , organize them in useful forms , and communicate results to decision makers . These systems are crucial to effective decision making for both internal and external users of Business systems Five fundamental principles of accounting information are Control Principle – …

Small Restaurant

April 1, 2016 | Author: | Posted in accounting, mathematics and economics

Issues involving cash handling should always be handled with the utmost sensitivity in to ensure proper usage of money and to ensure fiscal balancing . In the given scenario , the assistant manager of a restaurant has requested that the cashier take the customer ‘s money without ringing it in the system and justifies this …

Accounting Professionals

April 1, 2016 | Author: | Posted in accounting, mathematics and economics

In many cases , accounting professionals must sometimes choose between two or more acceptable methods of accounting for business transactions and events . In selecting the most appropriate method , an accounting professional must weigh out the different methods of transactions in to avoid matters involving ethical concern The most appropriate accounting method is called …

Travon Enterprises

April 1, 2016 | Author: | Posted in accounting, mathematics and economics

Jennifer Nelson , the accountant for Travon Enterprises , performed several low end estimates in preparing the financial statements for the company president . Her justification for her actions was lack of time and that she did not want to make the financial statements look worse than they are . Jennifer failed to inform the …

closing entries

April 1, 2016 | Author: | Posted in accounting, mathematics and economics

What accounts are affected by closing entries ? What accounts are not Closing entries are journal entries used to transfer monies from temporary accounts to permanent accounts (QuickMBA , 2006 . Revenue expense and temporary withdrawal are the types of temporary accounts that are affected by closing entries . These accounts are reset at the …

Kelly Steinman

April 1, 2016 | Author: | Posted in accounting, mathematics and economics

Kelly Steinman 2006 Kelly Steinman Accounts receivable is presented at its net realizable value . A company that sells on credit assumes the risk that some customers will not pay their accounts . When an account becomes uncollectible , a business has suffered a bad debt loss . The loss is considered as the cost …